$1,325,000
Original price: $1,400,000
Studio
500 L St #5, Anchorage, AK 99501
We estimate this home will sell faster than 88% nearby.
Home Highlights
Condo
Built in 1981
HOA $0/mo
Local Information
- Map ViewExplore the area around 500 L St #5.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
The 5th, 3rd and 1st floor condos are for sale together for $1,325,000. Each floor consists of approximately 5700 sf of rentable space for a total of 17,100 sf; the 1st floor is available to lease or for owner occupancy. The 5th and 3rd floors are fully leased.Rare opportunity to acquire some of the best located office space in Anchorage at well below market and replacement value.
Last check for updates: about 13 hours ago
Listing courtesy of John Wirum
Wirum Properties L.L.C.
Source: AKMLS, MLS#26-4738
Also Listed on AKMLS.
We estimate this home will sell faster than 88% nearby.
Home Details for 500 L St #5
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Heating & Cooling Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air |
Windows, Doors, Floors & Walls Flooring: CarpetCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Floors: Carpet |
View Has a ViewView: City Lights, Inlet, Mountain(s), Unobstructed |
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Exterior Home Features Foundation: Concrete Perimeter |
Parking & Garage No CarportNo GarageNo Attached GarageParking: No Garage,No Carport |
Frontage Waterfront: Inlet Access, NoneNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 142 |
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Year Built Year Built: 1981 |
Property Type / Style Property Type: ResidentialProperty Subtype: CondominiumStructure Type: ApartmentArchitecture: Apartment |
Building Construction Materials: MetalNot a New ConstructionNot Attached Property |
Property Information Parcel Number: 0010323900101 |
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Price List Price: $1,325,000 |
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MLS Status: Active |
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Direction & Address City: Anchorage |
School Information Elementary School: Inlet ViewJr High / Middle School: CentralHigh School: West Anchorage |
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Listing Agent Listing ID: 26-4738 |
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HOA Fee Includes: Electricity, Maintenance Structure, Maintenance Grounds, Heat, Trash, Sewer, Snow Removal, WaterHas an HOAHOA Fee: $0/Monthly |
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Lot Area: 7840.8 sqft |
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Mls Number: 26-4738Water ViewWater View: Inlet |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about South Addition
At least 41 Trulia users voted on each feature.
92 % Say parking is easy
89 % Say there are sidewalks
88 % Say it's dog friendly
82 % Say it's walkable to restaurants
79 % Say it's walkable to grocery stores
78 % Say yards are well-kept
72 % Say car is needed
72 % Say streets are well-lit
67 % Say there's holiday spirit
67 % Say there's wildlife
66 % Say kids play outside
60 % Say people would walk alone at night
57 % Say neighbors are friendly
50 % Say they plan to stay for at least 5 years
43 % Say it's quiet
41 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Anchorage
Last updated August 2026
Avg. sale price
$435K
$18.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$257
$3MoM
Available listings
685
86MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Condo | - | 06/05/26 | 1 | 1 | 763 | |
0.10 | Condo | - | 01/09/26 | 2 | 2.5 | 1,463 | |
0.20 | Condo | - | 07/17/26 | 2 | 2 | 1,081 | |
0.20 | Condo | - | 12/19/25 | 2 | 1.5 | 1,136 | |
0.22 | Condo | - | 08/02/26 | 2 | 1.5 | 1,050 | |
0.25 | Condo | - | 04/01/26 | 1 | 1 | 853 | |
0.25 | Condo | - | 10/23/25 | 1 | 1 | 841 | |
0.42 | Condo | - | 02/17/26 | 2 | 2 | 1,164 | |
0.42 | Condo | - | 01/15/26 | 1 | 1 | 555 | |
0.42 | Condo | - | 10/30/25 | 1 | 1 | 585 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $1,477,300 | 2 | 2.5 | 2,146 | Off Market | |
0.04 | $1,250,200 | 3 | 3 | 1,868 | Off Market | |
0.04 | $934,500 | 3 | 3 | 2,200 | Off Market | |
0.04 | $926,300 | 3 | 3 | 2,200 | Off Market | |
0.07 | $179,600 | 1 | 1 | 540 | Off Market | |
0.07 | $184,000 | 1 | 1 | 500 | Off Market | |
0.07 | $198,400 | 1 | 1 | 540 | Off Market | |
0.07 | $207,900 | 1 | 1 | 540 | Off Market | |
0.06 | - | 7 | 7.5 | 5,088 | Recently Sold | |
0.07 | $351,400 | 1 | 1 | 761 | Off Market | |
0.07 | - | 1 | 1 | 763 | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Jun 29, 2026 Source: AKMLS #26-4738 | PriceChange | $1,325,000 Price decreased by 5% |
May 1, 2026 Source: AKMLS #26-4738 | Listed For Sale | $1,400,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | $19,308 | $1,240,100 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
John Wirum, Wirum Properties L.L.C.
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Zillow, Inc. are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
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Frequently asked questions about 500 L St #5
- What is the estimated monthly payment for 500 L St #5?Based on a $1,325,000 list price with 20% down at today's rates, the estimated monthly payment for 500 L St #5 in Anchorage, AK is approximately $8,694 (about $7,261 principal & interest, $1,358 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 500 L St #5 compare to homes in Anchorage?500 L St #5 in Anchorage, AK is listed at $1,325,000, about 205% above the $435K median sale price in Anchorage.
- What do residents say about the South Addition neighborhood?Residents describe the South Addition neighborhood in Anchorage, AK as easy to park in, pedestrian-friendly, and dog-friendly. See homes for sale in South Addition, Anchorage.
- What are the closest schools to 500 L St #5?The closest schools to 500 L St #5 in Anchorage, AK are Central Middle School Of Science, Inlet View Elementary School (Pre-K, rated 8/10), West High School (rated 5/10).
500 L St #5, Anchorage, AK 99501 is a studio condo built in 1981. 500 L St #5 is located in South Addition, Anchorage. This property is currently available for sale and was listed by AKMLS on May 1, 2026. The MLS # for this home is MLS# 26-4738.